AFC played a leading role in proffering an innovative funding solution, with the Corporation deploying a suite of equity and quasi-equity instruments March 7, 2024/AFC Africa Finance Corporation, the continent’s leading instrumental infrastructure provider, received the prestigious Sovereign, Supra & Agency Treasury & Funding Team of the Year Award at […]
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Bulls Sustain Dominance as Nigerian Bourse Gains +0.8%, Buoyed by MTNN
March 7, 2024/Cordros Report EQUITIES The bulls continued to dominate in the domestic bourse, as bargain hunting in MTNN (+10.0%) drove the benchmark index 0.8% higher. Consequently, the NGX ASI settled at 100,335.30 points. Thus, the Month-to-Date and Year-to-Date returns increased to +0.4% and +34.2%, respectively. The total volume traded […]
Red Sea Attacks Disrupt Global Trade
(Credit: Pilesasmiles/iStock by Getty Images) March 7, 2024/IMFBlog By Parisa Kamali, Robin Koepke, Alessandra Sozzi, and Jasper Verschuur In the past few months, global trade has been held back by disruptions at two critical shipping routes. Attacks on vessels in the Red Sea area reduced traffic through the Suez Canal, the shortest […]
